115 Rue Préfontaine Est presents an opportunity to acquire a nine-unit multifamily property in the heart of Sainte-Agathe-des-Monts, one of the Laurentians' established residential and recreational communities. Positioned within walking distance of Lac des Sables municipal beach, Carrefour Ste-Agathe, healthcare services, schools, parks, and a variety of everyday amenities, the property benefits from a location that supports long-term residential demand and tenant convenience.
The building contains nine residential units comprised of two 3½ units, five 4½ units, and two 5½ units, providing a diversified unit mix that appeals to a broad tenant base. Significant capital improvements have been completed throughout the property, with all units renovated since 2014 and four units fully renovated in 2025. These upgrades contribute to the property's ongoing functionality while reducing the immediate need for extensive renovation expenditures.
An attractive feature of the offering is the ability to assume CMHC MLI Select financing associated with a 100-point qualification, providing potential benefits for qualified purchasers. In addition, current rental rates are reported to be below market levels, creating an opportunity for future revenue growth through continued leasing and asset management strategies. The property's location within downtown Sainte-Agathe-des-Monts places residents near retail services, recreation, healthcare facilities, educational institutions, and transportation routes serving the Laurentians region.
With a combination of recent renovations, existing cash flow, assumable financing, and future income growth potential, the property offers investors an opportunity to acquire a stabilized residential asset in a well-established rental market.